The One Basic Skill Every Startup CEO Needs

When starting a new venture, it is generally  critical to one’s success that one effectively communicates  his vision in order to build trust in the  people around  -- everyone from the business partners to the  investors and the customers also  needs  to believe in .  One also  need these people in order  to buy into the  new idea.  This is generally  done through effectively by  communicating the value proposition in what one is trying to do. It must be succinct and also to the point or else one would  however quickly lose the interest of others. This is where the skill which every startup CEO needs to possess. The skill is  of writing .

The purpose of this article is to make the reader aware of the one basic skill which every startup CEO needs to know .

While, it however takes passion and also determination in order  to convey the message, it isn’t however always easy and it also takes time in order  to develop these communication skills.

When it generally  comes down to the core skills which are required, a startup CEO generally  needs these 6 skills :

 (1) a clear vision of  the fact as to where the ship is sailing;

(2) a finger which is  on the pulse of the industry and the competitive trends, in order  to navigate the ship over time;

(3) a solid team management skills in order  to keep all employees who are sailing in the same direction;

(4) impeccable sales and the motivational skills, while they are  maintaining their credibility with the  clients, investors and employees;

 (5) In order to keep the business on plan and budget; and

 (6) in order to keep the company liquid. 

Lets however  tackle each of these points below in detail :-

The first two points however  really go hand-in-hand.  In order to create the clear vision, one  needs to have a good sense as  to what is going on in the industry and with the  competition.  That is thus really the first step for the purpose of building a winning business plan.  One  must also  shape the vision in a way it is thus more unique and also competitive than the current solutions in the market. 

2.  Monitor key trends and then  pivot accordingly.

A CEO must generally stay on the  top of the key trends in their industry or any competition in order  to navigate the ship over time.

It is thus  the CEO's job is thus to constantly watch these kinds of economic, industry or the competitive movements over time, and also to respond accordingly in order  to keep the ship afloat.

3.  Keep the team focused on the same goal.

Another job of the CEO is thus in order  to make sure that  all employees are however  clear on the vision, and that all the  staff are generally  sailing in the same direction.  One would also never be successful if one’s team does not generally  buy into the vision, or if they generally  feel their good ideas for improving the vision are thus not being listened to.  Then however  once everyone is firmly on the board, one must then keep them clearly focused on the goal.

4.  Evangelize and motivate.

Once the vision is however  set and is thus  being maintained over time, now comes the  execution.  And, thus one of the key execution requirements for any kind of startup CEO is to be its Chief Evangelist.  This thus  includes cheerleading the staff, from the top to bottom, and then  getting prospective business clients and the  investors who are generally  excited about getting involved with the company.  Everyone has thus been around that infectious personality that generally lights up the room, and one  can't however  help but has to be excited by that person.  That is what a startup CEO generally needs to be. 

5.  Manage to key targets and budgets.

Keeping the business on the  plan, on the  budget and liquid is generally considered as  a no brainer requirement for any kind of  startup CEO.  The CEO thus needs to set at an acheivable proof-of the -concept points, and then has to  put the  key managers in place for the purpose of  hitting those goals. 

6.  Keep the company liquid and in business.

The worst thing that can however  happen to any startup is thus  running out of capital in the  generally  mid-launch or also  prior to full proof-of-concept, that would generally  attract additional capital.  So, it is thus  the CEO's job in order  to make sure that  those proof-of-concept points are generally  clear to the entire staff, a reasonable timeline has thus  been created in order  to achieve those points and the company however  has enough cash (including a cushion) in order  to get to those goals.  The best people in order to solicit a  proof-of-concept input are generally the  prospective investors. 

However , the founders of LegalRaasta a startup which provides legal services have over powered these hurdles and have ended up in  providing more than 100 + services . One doesn’t even have to go out , as it provides online services .

Choosing LegalRaasta is beneficial as :

1.      It has , 30+ offices in India

2.      It has 10+ years experience

3.      It helps to save your time

4.      There is a cash back guarantee

Some of the services which it provides are :

1.      Tax Filing/TDR - GST Registration , GST Return, ITR , TDS Return filingBusiness income return , Bulk return filing , Revised return filing , Respond to tax notice

2.      Company Formation - Pvt. Ltd., Limited Liability Partnership (LLP) , OPC registration;

3.      Registrations - DSC, Trademark, Patent , Copyright

And many more services . 

This article has been contributed by Simmi Setia, Content Writer at LegalRaasta, an online portal for GST Software, GST Return Filing, GST Registration, Section 8 Company Registration, Nidhi Company Registration, IEC Registration, Fssai License, File ITR Online.